suppose that youre shopping on a rack that offers 55% off the lowest - ticketed price, and youre interested…
suppose that youre shopping on a rack that offers 55% off the lowest - ticketed price, and youre interested in a sweater with a ticketed price of $30.99. find the exact discount price. round your answer to two decimal places. the discount price is $
Answer
Explanation:
Step1: Identify the discount formula
The discount price formula is $P_d=(1 - r)P$, where $P_d$ is the discount - price, $r$ is the rate of discount, and $P$ is the original price. Here, $r = 0.55$ and $P=$30.99$.
Step2: Calculate the discount price
$P_d=(1 - 0.55)\times30.99=0.45\times30.99 = 13.9455$.
Step3: Round the result
Rounding $13.9455$ to two decimal places gives $13.95$.
Answer:
$13.95$